1,050 Sqft Lot
1,050 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2546878
Year Built 1915
Annual Tax Amount $8,779
Tax Year 2025
Lot Size 1,050 Sqft
Acres 0.02
Lot Dimensions 18.00 x 60.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Unit 1F – Commercial: Updated corner storefront currently leased for $1,250/month, delivering steady cash flow from day one.
Unit 1R – Residential: Vacant one-bedroom previously rented at $1,050/month, presenting a turnkey opportunity for cosmetic upgrades or repositioning to boost returns.
Unit 2 – Residential: Renovated two-bedroom apartment leased at $2,180/month, featuring Hazelwood cabinetry, tile flooring, a modern bathroom, and in-unit laundry.
Located just one block from Naval Square and minutes from the South Street Bridge, CHOP, UPenn, and Rittenhouse Square, the property is positioned within a 95 Walk Score corridor known for strong rental demand and continued appreciation.
An ideal value-add investment: generate immediate income while elevating the remaining residential unit to drive NOI growth and long-term equity.
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX1
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Electric
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 302226900
Ownership Fee Simple
Acceptable Financing Seller Financing, Cash, Bank Portfolio, Conventional
Listing Terms Seller Financing, Cash, Bank Portfolio, Conventional
Financing Seller Financing,Cash,Bank Portfolio,Conventional
Special Listing Condition Standard
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